I find this bit interesting, anode1 seems to have inside info and their posts are well written ( not that I agree with everything in them) but couldn't find the ferro settlement? "$XX???" and the settlement is funding ferro?
"the $XX??? ADO payment to Ferroglobe is funding several of their 6 new partnership's in Metallurgical Si Anodes."
this is the Ferroglobe settlement from the asx announcement. the 300k total was also included in ferro's financials.
The terms of the settlement are confidential but provide for a one-off payment to Ferroglobe of A$300,000.
so take legal cost out of the $300K and how much funding does anteotech provide ferro's 6 projects?
and who would any shareholder want anteotech to partner? Mercedes or Ferroglobe, who isn't huge and who tried to steal Anteotech's patents?
ADO Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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